Awfis Space Solutions Limited — PPTs, 11-02-2025: Investor Presentation

**Financial Highlights:** Awfis Space Solutions reported significant growth in Q3 and 9M FY25, achieving revenue of Rs. 318 crore for the quarter, reflecting a 44% year-on-year increase, and Rs. 868 crore for the nine months, up 41%. Operational EBITDA rose 59% to Rs. 107 crore, resulting in an EBITDA margin of 33.8% for Q3 and 33% for the nine months. The company also recorded a net profit of Rs. 14 crore in Q3, improving from a loss of Rs. 6 crore in the same period last year, with net margins of 4.8%.

**Strategic Initiatives and Growth Drivers:** Awfis has successfully expanded its operational footprint, surpassing 200 operational centers and increasing seat capacity by 52% year-on-year, bringing total operational seats to over 121,000. The focus remains on asset-light growth, with 73% of new seat additions under a Managed Office model.

**Business Developments:** The company opened its first center in Lucknow, and launched 55 new centers since December 2023. This ongoing expansion in Tier 2 cities enhances its market presence and responds to growing demand.

**Market Position and Competitive Advantage:** Awfis maintains a leadership position in the flexible workspace industry, leveraging its vast network across 18 cities, emphasizing sustainable practices and operational excellence. The company’s innovative capital-efficient model ensures scalability and high returns.

**Investor Implications:** With robust financial performance and aggressive growth strategies, Awfis is well-positioned for future growth. Investors may view this as a positive outlook, driven by demand in the flex workspace sector and ongoing expansion into new markets.